The FTC and DOJ reportedly agreed to share responsibilities in investigating potential antitrust behavior from Microsoft, OpenAI, and Nvidia.
The Federal Trade Commission and the Department of Justice reportedly agreed to split duties in investigating potential antitrust violations of Microsoft, OpenAI, and Nvidia, The New York Times reported. The DOJ will lead inquiries into Nvidia, while the FTC will look into the deal between OpenAI and its largest investor, Microsoft. The FTC began looking into potential antitrust issues related to the investments made by technology companies into smaller AI companies in January this year.
Microsoft’s investment into OpenAI may also face scrutiny outside of the US, as the European Commission and the UK’s Competition and Markets Authority are separately looking into Microsoft’s $13 billion investment in the ChatGPT maker. Nvidia, however, had not figured into any antitrust conversations in the US. Nvidia is considered the dominant figure in making the chips that power much of the AI boom. Its H100 GPUs are highly sought after, sending the company’s valuation soaring.
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